Floating AI data centers are heading to the open ocean.
Portland startup Panthalassa has raised $140M in a Peter Thiel-led round at a near-$1B valuation.
The wave-powered “lollipop” platforms generate electricity from ocean waves and use seawater for cooling.
Commercial units targeted for 2027.
Portland startup Panthalassa has raised $140M in a Peter Thiel-led round at a near-$1B valuation.
The wave-powered “lollipop” platforms generate electricity from ocean waves and use seawater for cooling.
Commercial units targeted for 2027.
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